economic framework
[/ˌɛkəˈnɑːmɪk ˈfreɪmwɜːrk/]
nounpl: economic frameworks
marco econômico / arcabouço econômico
1. A set of institutions, policies, and structures that define how an economy operates and organizes economic activity
The country adopted a new economic framework to promote sustainable development and reduce inflation.
O país adotou um novo marco econômico para promover o desenvolvimento sustentável e reduzir a inflação.
2. The underlying system of rules, regulations, and guidelines that govern economic relationships and transactions
The economic framework includes tax policies, labor laws, and monetary regulations.
O arcabouço econômico inclui políticas fiscais, leis trabalhistas e regulações monetárias.
3. A conceptual model or analytical structure used to understand economic phenomena and relationships
The economist developed an economic framework to analyze the impact of globalization on emerging markets.
O economista desenvolveu um marco econômico para analisar o impacto da globalização nos mercados emergentes.
In Brazil, 'marco econômico' is frequently used in policy debates and government initiatives, particularly when discussing economic reforms and modernization plans. The term gained prominence during discussions of Brazil's economic restructuring in recent decades. In Portugal and other Portuguese-speaking countries, 'enquadramento económico' is more common in academic and formal contexts.
Related Idioms & Phrases
within the economic framework
strengthen the economic framework
restructure the economic framework
reform the economic framework
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